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$1,275,000   Price Analysis
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201 16th St
Union City, NJ 07087
6 bed 4 bath unknown SqFt ($0/SqFt)
1,581SqFt lot.
Listed 2024-01-16
Ⓧ USDA Ineligible
due to price & location

near Union City

Introducing a prime investment opportunity in the heart of Union City on the corner of 16th and Manhattan Ave

This mixed-use building seamlessly blends commercial success with residential comfort. The ground floor boasts a thriving restaurant, Fork Hill Kitchen, pr oviding a bustling atmosphere for patrons and ensuring a steady stream of income for investors. Upstairs, discover 3 updated and sizeable 2 bedroom and 1 bath apartments, each designed for modern living. The apartments offer a perfect balance of style and functionality, attracting potential tenants seeking contemporary comforts.

With separate gas and electric utilities for each unit, the new ownr won't have to worry about unnecessary carrying costs. Recent upgrades include a two-year-old roof and two brand-new water heaters. This turnkey investment opportunity promises a lucrative return, combining a successful restaurant venture with updated residential spaces in a prime location. Investors looking for a diversified and profitable asset should seize this chance to capitalize on the thriving potential of this mixed-use gem.


Presented by Dean Clark at
Exp Realty Llc.
Listing Agent Photo

Property MLS #240000858 from HudsonCounty

Bedrooms: 6

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1
Half Bathrooms On Level 1: 1
Full Bathrooms On Level 2: 1
Full Bathrooms On Level 3: 1
Full Bathrooms On Level 4: 1

Furnished Description: Major appliances
Flooring: Floor 4 Bedrooms: 2, Floor 2 Bedrooms: 2

Heating Features: A/C Window, Baseboard, Gas

Living Room On Level 2: 1
Living Room On Level 3: 1
Living Room On Level 4: 1
Basement Description: Basement: Full, Unfinished

Dining Room On Level 2: 1
Dining Room On Level 3: 1
Dining Room On Level 4: 1
Kitchen On Level 2: 1
Kitchen On Level 3: 1
Kitchen On Level 4: 1

Lot Size Acres: 0.0362948
Lot Size Dimensions: 31x51
Lot Size Square Feet: 1581

Annual Tax Amount: 16529
Source Listing Status: Active
County: Hudson
Source Property Type: 4 Family
Exclusions: Personal Property
Insurance Expense: 2500
Area: Union City
Source Neighborhood: Union City
Source System Name: C2C

Price Changed 2024-06-04
$1,275,000
HudsonCounty
Price Changed 2024-04-01
$1,398,000
HudsonCounty
Listed 2024-01-16
$1,568,000
HudsonCounty

Construction Materials: Aluminum/Vinyl

Emerson Middle School is a public middle school located approximately 0.2 miles away.
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Thomas A. Edison Elementary School is a public elementary school located approximately 0.6 miles away.
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Mother Seton School is a private elementary and middle school located approximately 0.1 miles away.
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Jose Marti Freshman Academy is a public high school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.